Supplier - GCSE Business Definition

A supplier is an individual or organisation that provides goods or services to another business. Suppliers play a critical role in the supply chain by ensuring that businesses receive the resources they need to produce their products.

They can offer various items, ranging from raw materials to finished goods, and their reliability, quality, and price can significantly affect a business's operational efficiency and cost structure. Understanding the dynamics of supplier relationships helps businesses negotiate better terms and maintain a steady, quality supply for their operations.